1Z0-960 Exam Questions

Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority. What should be implemented for this...

Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Account...

You need to distribute departmental expense reports to l00 department managers in your organization. The report format is the same, but the department values differ. What in the mo...

Which two types of journals can be automatically routed through the journal approval process?

Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature. How would you automate the...

On which three occasions are Essbase balances updated?

Your customer has only licensed Fusion Financials and wants to use approval workflows. Using which page to enter users and assign roles does Oracle consider best practice?

You want to define a tree or hierarchy for use in reports and allocations. What three aspects should you remember when creating the tree?

Your enterprise structure has one ledger and two business units. Business unit one wants to enable budgetary control for Requisitioning only in Procure-to-Pay Business Functions an...

You need to build a complex account rule. Which four value types can you use in your definition?

Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go...

Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables. What is the correct order of steps to c...

You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

Your customer operates three shared services that perform accounting functions across 50 countries. What feature allows them to share setup data, such as Payment Terms, across Busi...

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results. What does Oracle consider best pract...

Which repot show you differences between your subledger balances and General Ledger balances?

Which two delivered roles can access the full functionality of Functional Setup Manager,

Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create elimina...

Your customer requires physical invoices to be generated in Fusion Payables and Fusion Receivables for the intercompany payables and receivables transactions. What statement is cor...

How can your Accounting Manager expedite Journal processing during the time critical month end close?

You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?

Your foreign currency transactions need to be revalued every month. For balance sheet accounts, you reverse the revaluation journals in the next period. You are using the period- t...

You want to enter budget data in Fusion General Ledger. Which method is not supported?

You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?

All of your subsidiaries can share the same ledger with their parent company and all reside on the same application instance. They do perform intercompany accounting. What does Ora...

You want to specify Intercompany System Options. Which three factors should you consider?

You entered a journal and the client is asking for the following information: ?The current account balance ?What the future account balance will be if the Journal is approved and p...

You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between...

While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that?

You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors. I...

You transact in 50 different currencies and you need to define a high volume of revaluation definitions. Which two methods are Oracle recommended best practices for streamlining th...

The budget managers specify the budget accounts they want to monitor and decide on percentage threshold of funds availability. Where must you define the details while analyzing bud...

Your customer uses Financials Cloud, Projects, Inventory and Procurement. Which two statements are true regarding intercompany accounting tor these products?

You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?

Your customer wants to control spending against an annual budget but report balances on a monthly year-to-date basis. Encumbrance accounting is also in use. What setup is required...

What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

Which two statements are true regarding the export/import of reports?

You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need...

You want to prevent intercompany transactions from being entered during the last day of the close. What should you do?

You lust submitted the Accounting Configuration. Which two statements are correct?

Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General...

You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment. What does Oracle cons...

The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the auto...

When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube. What should you do to correct this situation?

Which three reporting tools are based on real-time data or balances?

Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to...

You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

What type of user must be defined before you can create an Implementation Project?

Your customer wants to secure their primary balancing segment values to prevent employees of one company from entering or viewing data of another company. You only need this for Ge...